What are Capital Goods?
Any human made resource that can be used to make goods.
That is Human Capital (labor)?
Any person doing a job and what they learn to do that job or during the job.
What are natural resources?
The resources that exist (on the planet) independent of human actions.
What is an entrepreneur?
An individual who creates a new business, bearing most of the risks and enjoying most of the rewards.
what are the four factors of production?
Human Capital, Natural resources, Capital goods, Entrepreneur.